NBU worsens forecast for GDP growth for 2016

The National Bank of Ukraine (NBU) has worsened forecast for Ukraine’s GDP growth for 2016 from 2.4% to 1.1%.

NBU Governor Valeria Gontareva said at a briefing at the central bank, an Ukrinform correspondent reports.

“It is expected that the growth of real GDP will total 1.1%,” the NBU governor said.

Earlier, the NBU stated that the GDP growth in 2016 would be 2.4%.

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